Insider Buying: Nutex Health (NASDAQ:NUTX) President Purchases 252 Shares of Stock

Nutex Health Inc. (NASDAQ:NUTX) President Warren Hosseinion purchased 252 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were acquired at an average cost of $94.07 per share, for a total transaction of $23,705.64. Following the transaction, the president owned 7,765 shares of the company’s stock, valued at $730,453.55. This trade represents a 3.35% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Nutex Health Stock Up 6.5%

Shares of NUTX traded up $5.78 on Monday, hitting $94.77. The company’s stock had a trading volume of 141,962 shares, compared to its average volume of 205,966. The company has a quick ratio of 3.39, a current ratio of 3.41 and a debt-to-equity ratio of 0.70. The firm’s fifty day moving average price is $120.56 and its 200-day moving average price is $125.28. Nutex Health Inc. has a fifty-two week low of $45.88 and a fifty-two week high of $193.07. The firm has a market capitalization of $660.54 million, a price-to-earnings ratio of 10.54 and a beta of 0.04.

Nutex Health (NASDAQ:NUTX) last posted its earnings results on Thursday, March 5th. The company reported $1.61 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.56 by ($3.95). Nutex Health had a return on equity of 17.67% and a net margin of 7.34%.The business had revenue of $151.68 million for the quarter, compared to the consensus estimate of $258.82 million.

Hedge Funds Weigh In On Nutex Health

A number of large investors have recently bought and sold shares of the company. Deutsche Bank AG raised its holdings in shares of Nutex Health by 3.9% in the fourth quarter. Deutsche Bank AG now owns 2,633 shares of the company’s stock valued at $433,000 after purchasing an additional 98 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in Nutex Health by 1.4% during the fourth quarter. Russell Investments Group Ltd. now owns 8,706 shares of the company’s stock worth $1,433,000 after purchasing an additional 116 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al boosted its holdings in Nutex Health by 3.7% during the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,600 shares of the company’s stock worth $922,000 after purchasing an additional 200 shares during the last quarter. Islay Capital Management LLC bought a new position in Nutex Health in the fourth quarter valued at $34,000. Finally, First Trust Advisors LP grew its position in Nutex Health by 2.4% in the fourth quarter. First Trust Advisors LP now owns 11,461 shares of the company’s stock valued at $1,887,000 after purchasing an additional 272 shares in the last quarter. Institutional investors and hedge funds own 5.32% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on NUTX. Weiss Ratings restated a “hold (c)” rating on shares of Nutex Health in a report on Monday, December 29th. Wall Street Zen lowered shares of Nutex Health from a “strong-buy” rating to a “hold” rating in a research note on Saturday, March 7th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Nutex Health presently has a consensus rating of “Moderate Buy” and a consensus target price of $252.50.

About Nutex Health

Nutex Health, Inc (NASDAQ: NUTX) is an integrated outpatient healthcare services company based in San Antonio, Texas. The company focuses on delivering a range of ambulatory care solutions, including urgent care, telemedicine, medical imaging, teleradiology, weight‐loss services and behavioral health support. By combining in‐person clinics with virtual care capabilities, Nutex Health aims to provide patients with accessible, cost‐effective treatment options outside traditional hospital settings.

The company’s urgent care network operates through both standalone and retail‐anchored centers, offering treatment for non‐life‐threatening injuries and illnesses, preventive screenings and basic primary care.